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About: Lebanon and the World Bank     Goto   Sponge   NotDistinct   Permalink

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Lebanon's involvement with the World Bank Group began in August 1955 with the funding of the Litani Power and Irrigation project. As of 2017, 62 years after its entrance into the organization, Lebanon has 21 World Bank projects active throughout the nation, and as of May 2017 has received about $1 billion in financial aid and investment from the group. From 2011 onward, the World Bank and its subordinate organizations have been concerned with aiding Lebanon in its role as host to an influx of refugees from the Syrian Civil War. The Country Partnership Framework for Lebanon stated that the goals of World Bank intervention in the country are to "expand access to and increase quality of service delivery, increase economic opportunity and increase human capital." The Syrian crisis has strained